How International CPI Will Impact The Fed

All eyes are on the Fed next week and central bank action could start this week, notes Michelle Gibley. She and Randy Frederick track the latest economic data ahead of next week's Fed meeting. Michelle mentions that earnings estimates for FY23 have been rising in Europe and falling in the U.S. They discuss if core inflation will ease after Germany, France, and Spain report preliminary April CPI. Randy highlights how April options volumes are quite modest, mostly due to low volatility. They then go over the chances that we will head into a recession in 2023. Tune in to find out more about the stock market today.